EMERALD UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152964District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.6 M
Dec 1994 – May 2026
Value, last 12 filed months
$924 k
at the published price for each month
Months reported
378
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-05-22132033
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition154,841 bbl$5,043,252
GasProduction4,056,381 Mcf$11,551,318
Total$16,594,570

1,178,460 Mcf of this lease's gas, across 25 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.1243, -96.7309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12426, -96.73087 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
15,175 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 15,175 ft.

Completions filed
Dec 1994
1 of 1 wells

1 well

42-14932919115,175 ftDec 1994

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (378)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

378 months

May 20261888,606106.413.05$46,218
Apr 20261879,14698.932.87$44,746
Mar 202637810,32189.753.15$66,431
Feb 202619010,31763.503.75$50,757
Jan 202636710,44159.138.00$105,207
Dec 202538212,58856.664.41$77,200
Nov 202556913,14358.593.93$84,943
Oct 202556614,40059.383.30$81,199
Sep 202557014,28862.743.08$79,725
Aug 202594214,35963.933.01$103,511
Jul 202576414,16566.743.32$97,949
Jun 202575011,67266.483.13$86,378
May 20253576,37460.553.23$42,219
Apr 20251892,04162.363.54$19,018
Mar 20250067.704.27$0
Feb 2025046070.884.34$1,997
Jan 20250074.324.28$0
Dec 202402,24968.993.12$7,020
Nov 20241834,21969.052.20$21,911
Oct 20241945,41071.372.28$26,188
Sep 202404,24169.612.36$10,027
Aug 20241584,68175.632.06$21,609
Jul 20241944,32279.932.15$24,784
Jun 20241906,26578.082.63$31,337
May 202406,07578.812.20$13,356
Apr 20241941,43184.451.66$18,758
Mar 20241945,80580.301.55$24,548
Feb 202405,31876.091.78$9,485
Jan 20241926,82873.023.30$36,536
Dec 20231868,07971.262.61$34,346
Nov 202305,79877.892.81$16,278
Oct 2023176085.443.09$15,037
Sep 202305,64389.042.74$15,434
Aug 20233676,36880.522.67$46,572
Jul 202306,70474.852.64$17,711
Jun 20231906,54268.962.26$27,877
May 20231907,16270.622.23$29,370
Apr 20231957,33378.122.24$31,643
Mar 20233887,88872.852.39$47,143
Feb 202307,17475.112.47$17,689
Jan 20233799,43176.533.39$60,954
Dec 20223619,52576.415.73$82,154
Nov 20220085.005.65$0
Oct 20220987.185.86$53
Sep 2022043984.888.16$3,584
Aug 2022031194.529.13$2,839
Jul 202200101.587.54$0
Jun 2022082115.097.98$654
May 202200109.378.43$0
Apr 202204,011104.226.84$27,426
Mar 20221885,009108.885.08$45,897
Feb 20221944,66691.054.86$40,335
Jan 20221915,15081.844.54$39,000
Dec 20211894,92371.323.90$32,675
Nov 202104,77377.435.24$24,995
Oct 20211914,60379.795.71$41,541
Sep 202104,79069.865.35$25,631
Aug 20211914,84666.024.22$33,063
Jul 20211874,79870.783.98$32,342
Jun 202104,70169.493.38$15,892
May 20211914,61463.483.02$26,048
Apr 20211933,88560.362.76$22,366
Mar 202104,92761.302.72$13,386
Feb 20211903,78857.805.55$31,998
Jan 202105,05850.412.81$14,214
Dec 20201644,45444.642.68$19,237
Nov 20201674,62638.772.71$18,995
Oct 20201774,70436.972.48$18,202
Sep 202004,72337.091.99$9,404
Aug 20201844,79239.982.39$18,786
Jul 20201764,73738.371.83$15,399
Jun 202004,81434.901.69$8,137
May 20201784,88316.921.81$11,873
Apr 20201654,63614.751.80$10,799
Mar 20201704,68630.341.86$13,856
Feb 202004,23749.881.98$8,392
Jan 20201814,66157.252.09$20,126
Dec 201904,51059.012.30$10,393
Nov 20191894,35555.302.75$22,431
Oct 20191624,93453.472.42$20,595
Sep 201904,62955.052.66$12,301
Aug 20191774,65653.112.30$20,130
Jul 20191864,57756.272.46$21,726
Jun 201904,72552.782.49$11,771
May 20191673,42558.482.74$19,152
Apr 201904,31462.632.75$11,867
Mar 20191854,80456.803.06$25,218
Feb 20191804,37450.852.79$21,366
Jan 20191844,83946.033.23$24,091
Dec 201804,73646.594.19$19,822
Nov 20181884,74152.934.24$30,040
Oct 20181884,90261.443.40$28,208
Sep 201804,49259.543.11$13,961
Aug 20181774,64659.403.07$24,761
Jul 20181675,44365.142.93$26,837
Jun 20181914,44560.183.08$25,171
May 20181825,13865.382.90$26,803
Apr 201805,04163.842.90$14,623
Mar 20181885,24761.222.79$26,132
Feb 20181944,83961.782.77$25,371
Jan 20181935,49962.874.01$34,181
Dec 201705,56757.272.92$16,264
Nov 20171965,36655.423.12$27,595
Oct 20171885,80149.292.98$26,575
Sep 201705,02247.523.09$15,504
Aug 20172423,27545.373.00$20,819
Jul 201703,47743.873.09$10,734
Jun 201704,88142.493.09$15,069
May 20171915,13545.373.26$25,423
Apr 20171915,06047.933.21$25,405
Mar 201705,34246.772.98$15,939
Feb 20171954,56450.452.95$23,313
Jan 201704,90849.413.42$16,779
Dec 20161934,81048.763.72$27,317
Nov 201604,71042.492.64$12,455
Oct 20161894,83346.193.09$23,665
Sep 20161884,52641.553.10$21,845
Aug 201605,08941.442.92$14,882
Jul 20161825,27941.622.92$23,012
Jun 20161885,26545.352.69$22,667
May 20161875,04842.521.99$18,002
Apr 201604,72736.561.99$9,412
Mar 20161864,60033.011.79$14,392
Feb 20161904,79126.472.06$14,916
Jan 201604,67827.352.36$11,060
Dec 20151925,09232.362.00$16,404
Nov 20151964,78338.792.17$17,969
Oct 201505,09943.552.43$12,373
Sep 20151895,09942.992.76$22,190
Aug 20151835,45740.162.87$23,024
Jul 20151925,74948.152.95$26,176
Jun 20151885,22556.152.88$25,619
May 20151945,18155.212.96$26,023
Apr 201505,11449.822.71$13,841
Mar 20151955,07342.892.93$23,251
Feb 20151954,40544.662.98$21,819
Jan 20151915,08343.433.10$24,056
Dec 20142015,32954.693.59$30,131
Nov 201405,25370.464.25$22,335
Oct 20141925,54478.303.90$36,661
Sep 20141785,29286.164.05$36,745
Aug 201405,76189.394.04$23,246
Jul 20143706,15196.564.18$61,436
Jun 201405,48498.164.74$25,977
May 20141865,44194.734.73$43,337
Apr 20141815,16795.944.81$42,214
Mar 20141965,55295.895.06$46,870
Feb 20141925,17597.406.19$50,744
Jan 20141945,80690.404.86$45,759
Dec 20131975,35391.824.35$41,398
Nov 20131915,08188.853.74$35,965
Oct 201305,21197.423.78$19,694
Sep 20131934,971104.113.72$38,574
Aug 20131905,293104.253.52$38,453
Jul 20131825,589102.523.72$39,437
Jun 20131935,63594.403.93$40,384
May 20131947,13094.834.15$47,980
Apr 201303,34193.964.28$14,308
Mar 20131844,95693.623.91$36,618
Feb 20131864,48991.233.42$32,321
Jan 20131965,04491.603.42$35,204
Dec 20121935,08086.773.42$34,121
Nov 201204,64886.953.62$16,849
Oct 20121674,98689.383.40$31,877
Sep 20121924,43594.672.92$31,120
Aug 201205,22692.662.91$15,198
Jul 20121874,71085.133.02$30,147
Jun 20121934,57379.822.52$26,925
May 201205,46491.612.49$13,596
Apr 20121835,340101.652.00$29,265
Mar 20121906,186105.052.22$33,705
Feb 20121965,602101.102.57$34,214
Jan 20121975,72398.092.73$34,971
Dec 20111984,79296.873.24$34,705
Nov 20111955,33095.723.31$36,315
Oct 201105,71884.983.65$20,862
Sep 20111925,34983.623.99$37,375
Aug 20111865,49483.404.15$38,309
Jul 20111905,62394.144.52$43,287
Jun 20111925,42092.904.64$42,985
May 201155,50798.134.40$24,748
Apr 20111945,522105.964.33$44,485
Mar 20111945,81596.364.06$42,287
Feb 20111965,21385.644.18$38,576
Jan 20111955,72186.504.59$43,120
Dec 20101966,13885.734.35$43,490
Nov 201005,30980.843.80$20,149
Oct 20101935,42978.103.51$34,123
Sep 201005,54372.633.98$22,058
Aug 20101915,79573.684.42$39,683
Jul 20101925,78772.554.74$41,340
Jun 20101935,86870.364.91$42,394
May 20101936,57871.124.24$41,585
Apr 201005,39481.694.12$22,238
Mar 20101906,38078.394.39$42,894
Feb 20103935,83373.585.44$60,662
Jan 201006,29374.365.96$37,532
Dec 20093926,31271.445.48$62,618
Nov 200905,30774.593.75$19,909
Oct 20091945,92672.544.11$38,430
Sep 20091935,95465.543.06$30,897
Aug 20091876,31667.423.22$32,936
Jul 20091906,82561.133.46$35,260
Jun 20091926,65966.163.90$38,640
May 20091916,82354.743.93$37,241
Apr 20091956,43346.773.59$32,199
Mar 20091956,57942.144.06$34,921
Feb 20091966,26032.814.63$35,433
Jan 20093957,28135.865.37$53,271
Dec 20082007,40737.105.98$51,693
Nov 20081957,07155.496.86$59,330
Oct 20081968,03575.246.92$70,365
Sep 20081796,099101.767.88$66,257
Aug 20081936,689114.228.48$78,787
Jul 20081936,686131.0811.39$101,448
Jun 20081936,430131.3313.03$109,147
May 20081956,863123.1711.57$103,453
Apr 20083917,918110.3110.45$125,913
Mar 20081977,360101.909.66$91,202
Feb 20081946,22892.538.77$72,574
Jan 20081976,54590.388.21$71,511
Dec 20071956,66588.337.30$65,892
Nov 20071946,66191.677.29$66,354
Oct 200706,73182.856.92$46,592
Sep 20071926,37575.846.24$54,368
Aug 20071926,52769.066.39$54,954
Jul 20072026,85270.906.39$58,092
Jun 20071826,84762.007.55$62,968
May 20071427,30458.747.85$65,650
Apr 20071957,06859.617.81$66,791
Mar 20071957,06156.927.30$62,659
Feb 20071996,18255.108.22$61,756
Jan 20071767,04850.306.73$56,264
Dec 200607,15556.656.92$49,501
Nov 20061866,22754.207.62$57,515
Oct 20061905,89454.906.01$45,876
Sep 20061857,24460.085.04$47,604
Aug 20061877,68568.717.34$69,256
Jul 20061877,73569.376.34$62,033
Jun 20061807,51766.286.38$59,918
May 20061857,89866.016.42$62,957
Apr 20061637,41264.397.36$65,051
Mar 20061818,06956.707.08$67,415
Feb 20061727,05657.597.75$64,597
Jan 20061708,18960.598.93$83,455
Dec 20053688,14254.9413.42$129,446
Nov 200507,74054.6910.59$81,954
Oct 20053478,20858.3413.80$133,480
Sep 20051587,85261.4512.08$104,553
Aug 20051568,49261.519.80$92,790
Jul 20051798,66055.697.84$77,894
Jun 20053588,43952.337.38$81,023
May 20051848,56045.226.65$65,254
Apr 20051848,49149.207.36$71,551
Mar 20053658,39550.377.15$78,450
Feb 20051717,64045.226.31$55,956
Jan 20051718,69343.166.32$62,339
Dec 20043608,91839.866.75$74,556
Nov 20041568,52545.286.33$61,031
Oct 20043299,69849.706.52$79,535
Sep 20041768,92943.245.28$54,790
Aug 20041659,42342.375.55$59,295
Jul 20043409,87638.286.08$73,103
Jun 20041569,40036.106.43$66,102
May 20041778,99837.486.49$65,072
Apr 200435310,23734.475.86$72,141
Mar 20043678,87734.365.53$61,701
Feb 20041848,85432.455.51$54,753
Jan 20041839,97832.036.30$68,719
Dec 20033649,48530.266.30$70,786
Nov 20031859,79728.804.60$50,347
Oct 200336210,22928.174.76$58,884
Sep 200335510,20926.314.75$57,826
Aug 200319010,85529.765.13$61,338
Jul 200336910,96029.415.17$67,525
Jun 200336210,72228.565.98$74,488
May 200336211,12226.595.97$76,054
Apr 200337910,81426.675.41$68,582
Mar 200318911,33931.146.10$75,008
Feb 200336910,33333.487.93$94,252
Jan 200336811,52030.315.58$75,459
Dec 200236211,93626.914.85$67,676
Nov 200255411,96424.664.14$63,156
Oct 200218212,63026.464.23$58,230
Sep 200252812,65427.443.64$60,488
Aug 200236713,82025.963.16$53,256
Jul 200235713,39924.583.06$49,800
Jun 200254413,33023.733.34$57,408
May 200236513,50424.663.58$57,399
Apr 200253613,33223.653.51$59,503
Mar 200217815,05122.003.10$50,615
Feb 200254212,74418.222.38$40,151
Jan 200254416,10917.172.38$47,610
Dec 200154316,33216.932.36$47,808
Nov 200154716,15118.072.41$48,736
Oct 200172417,39219.782.53$58,303
Sep 200136117,94624.262.25$49,160
Aug 200171319,64424.873.05$77,709
Jul 200170220,20223.933.20$81,386
Jun 200173321,77124.563.82$101,258
May 200154418,93025.524.31$95,420
Apr 2001060924.685.34$3,249
Mar 20013606,76224.545.38$45,190
Feb 200135811,13627.755.77$74,157
Jan 200136612,43527.478.40$114,493
Dec 200054712,64126.889.12$130,021
Nov 200054712,66332.215.66$89,266
Oct 200018011,56031.235.15$65,103
Sep 200054212,54231.875.19$82,323
Aug 200034613,07929.644.54$69,644
Jul 200070913,58428.534.09$75,783
Jun 200035813,00529.304.40$67,676
May 200054313,66827.263.68$65,097
Apr 200036013,45824.513.12$50,759
Mar 200036014,98528.422.86$53,085
Feb 200054912,09327.622.73$48,135
Jan 200055414,40025.272.48$49,719
Dec 199954514,53724.282.42$48,466
Nov 199971514,27323.192.43$51,321
Oct 199935614,89820.982.80$49,239
Sep 199954414,63321.752.62$50,154
Aug 199971415,38119.262.88$57,981
Jul 199935715,66117.892.37$43,540
Jun 199937515,52915.942.36$42,659
May 199972416,43615.792.32$49,580
Apr 199953816,24115.102.21$43,985
Mar 199973216,91412.471.84$40,222
Feb 199956315,4849.981.82$33,765
Jan 199955917,43810.381.90$38,934
Dec 199872617,5079.201.77$37,725
Nov 199872117,68910.892.19$46,515
Oct 199871919,11512.421.97$46,571
Sep 199872620,04912.592.08$50,895
Aug 199854415,99611.301.91$36,657
Jul 199854416,29511.742.24$42,843
Jun 199872718,34911.242.24$49,223
May 199872919,51912.622.21$52,266
Apr 199871618,62213.042.51$55,991
Mar 199890719,76512.802.31$57,256
Feb 199890518,22813.952.30$54,533
Jan 199890620,67914.702.15$57,877
Dec 19971,09322,04116.322.41$70,981
Nov 199773219,48418.193.09$73,487
Oct 199771718,16419.253.15$71,016
Sep 19971,07019,71317.742.95$77,231
Aug 199770920,95217.862.55$66,190
Jul 199792022,14017.582.25$65,921
Jun 199771421,61017.242.26$61,087
May 19971,07522,50918.972.31$72,355
Apr 199771621,96717.882.08$58,555
Mar 199790923,32818.951.94$62,462
Feb 199792421,55020.492.21$66,470
Jan 199792224,50123.483.54$108,375
Dec 19961,10125,34023.32$25,675
Nov 199690424,99221.97$19,861
Oct 19961,08526,42523.31$25,291
Sep 199692926,29822.22$20,642
Aug 19961,09328,17320.26$22,144
Jul 19961,09229,64519.55$21,349
Jun 19961,06730,65318.73$19,985
May 199690931,22819.43$17,662
Apr 19961,46430,06521.51$31,491
Mar 19961,24432,63319.38$24,109
Feb 199691427,23016.98$15,520
Jan 199693125,37117.07$15,892
Dec 19951,83942,09717.19$31,612
Nov 19951,99643,35416.00$31,936
Oct 19951,98736,47715.43$30,659
Sep 19951,66338,45616.18$26,907
Aug 19952,23244,33615.92$35,533
Jul 19952,18846,22115.24$33,345
Jun 19952,51149,22616.41$41,206
May 19952,77755,86517.56$48,764
Apr 19953,33263,47317.73$59,076
Mar 19954,24482,42616.44$69,771
Feb 19955,338100,42216.58$88,504
Jan 199510,783149,46315.92$171,665
Dec 19949,29888,59115.03$139,749

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           188 bbl  × $106.41 =    $20,005
Gas                8,606 Mcf  × $  3.05 =    $26,213

────────────────────────────────────────────────────
Month total                                  $46,218

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/152964 is the state's own key, not one this site invented.